Nuvama Wealth and Investment Ltd.
TypePublic
IndustryFinance
Founded2008
Headquarters
Mumbai
,
India
Number of locations
90
ParentNuvama Group
Websitehttps://www.nuvamawealth.com//

Nuvama Wealth and Investment Limited formerly known as Edelweiss Broking Limited[1][2] is an Indian financial services company based in Mumbai, India.[3][4] The company is a subsidiary of Nuvama Wealth Management Limited (NWML) formerly known as Edelweiss Securities limited and is led by Rahul Jain who is its president.[5][6] The company is registered with National Stock Exchange of India, Bombay Stock Exchange and MCX Stock Exchange.[7]

History

Edelweiss Broking limited was publicly incorporated on 7 February 2008 after Edelweiss Group[8] had received final regulatory approval from the Securities and Exchange Board of India (SEBI) to start its mutual fund business by 2008. The stockbroker acquired retail broker Anagram Capital Limited in January 2010.[9] In December 2012 the company was listed under National stock Exchange.[10] It was listed in MCX Stock Exchange Limited.[11]

References

  1. ↑ "Edelweiss Broking Ltd: Company Profile". Bloomberg. Retrieved 23 January 2017.
  2. ↑ "Edelweiss Broking Limited: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 23 January 2017.
  3. ↑ Thakur, Jai (21 December 2002). "Edelweiss ब्रोकिंग का नाम अब से होगा Nuvama वेल्थ, और क्या-क्या हुआ बदला? जानिए". Hindi News 18. Retrieved 16 May 2023.
  4. ↑ "NUVAMA WEALTH AND INVESTMENT LIMITED". indialei.in. India LEI. Retrieved 16 May 2023.
  5. ↑ Srivats, KR (30 December 2022). "Confident of achieving ₹1-lakh crore in personal wealth AUM in 4 years, says Rahul Jain, President &Head, Personal Wealth". Hindu Business Line. Retrieved 16 May 2023.
  6. ↑ Jain, Rahul. "Rahul Jain, President and Head Nuvama W". Linkedin. Retrieved 16 May 2023.
  7. ↑ "Ministry Of Corporate Affairs - MCA Services". www.mca.gov.in. Retrieved 23 January 2017.
  8. ↑ "Forbes India Magazine - How Edelweiss built a business for the long run". Forbes India. Retrieved 24 January 2017.
  9. ↑ "Edelweiss Capital buys Anagram for Rs164 cr - Livemint". www.livemint.com. Retrieved 24 January 2017.
  10. ↑ "Bizcircle.net | A company search service from The VCCircle Network". www.vccircle.com. Retrieved 24 January 2017.
  11. ↑ "Securities and Exchange Board of India - Intermediary Index". www.sebi.gov.in. Archived from the original on 4 January 2017. Retrieved 23 January 2017.


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